Formal communication ensures a proper channel of information flow between the superior and their corresponding subordinates. This results in a clear establishment of line of authority and workflow. Making responsibilities clear for subordinates is very efficient in this form of communication.
 
        
             
        
        
        
Answer:
The break even units are 3000 units and when it desires the profit of $36000 then sales unit is 3400 units.
Explanation:
The selling price of a product (SP) = $150 per unit.
Variable cost (VC) = $60 per unit.
Fixed cost of the company = $270000
Break-even units can be calculated by dividing the fixed cost from the difference in selling price and variable cost.
Break even Units = (fixed cost) / ( SP – VC)
= 270000 / (150-60)
= 3000 units.
Break-even units when a company desires a profit of $36000.
Desired units for sales = (Fixed Cost + Profit)/ Contribution per unit
= (270,000 + 36,000) / (150 - 60)
= 3,400 units
 
        
             
        
        
        
Answer:
d. may be exchanged for equity securities.
Explanation:
Convertible bonds 
It is a debt security , which is fixed and which yields the  interest payments , but it can be converted to a predetermined number of the equity shares or common stock . 
The bond to stock conversion can be done at a number of times during the life of the bond .
These bonds are mostly issued by the companies which have low credit ratings and have potential of higher growth .
 
        
             
        
        
        
Answer: (C) Collect relevant information    
Explanation:
  According to the given question, the Pennington superstore is one of the women fashion store which is specialized in the Plus- size and based on the given statement it basically reflect the relevant information marketing research process. 
 The process of collecting the relevant information about the specific topic helps in analyzing the necessary data about the company on the basis of the customer requirement. 
 According to the given question, the process of reflecting about the relevant marketing research information is to collect the relevant data or information on the specific concept. 
 Therefore, Option (C) is correct answer.     
 
        
             
        
        
        
Answer:
The budgeted gross profit for July is $ 11,000.
Explanation:
total cost of goods sold per july = $8,800
total units sales = $ 550 
cost of goods sold for unit = $16
budgeted sale per unit is = $36
budgeted gross profit for unit = selling price - cost of goods sold
                                                   = $36 - $16
                                                   = $20
total budgeted gross profit for july 
= total units sales in july *gross profit per unit  
= 550*$20
= $ 11,000
Therefore, The budgeted gross profit for July is $ 11,000.